Cash Flow Articles

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    7 Ways to Instantly Cut Down on Business Expenses

    by on February 23, 2015

    Looking to earn more money? There are two ways to do that: increase income or reduce expenses. In the event that you’re not in a position to increase your prices (or are afraid you’ll lose customers if you do), crack down on unnecessary spending to put more mo…

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    Choosing and Defining Invoice Payment Terms

    by on February 18, 2015

    As a small business owner, making a sale is only half the battle. Owners must also take steps to ensure that the invoices they send out are paid in a timely fashion.

    Payment terms define the period of time a buyer has to settle an outstanding balance as we…

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    5 Secrets for Closing Your Financial Back Door

    by on February 10, 2015

    You can compare your business expenses to a house with front and back doors. Your front door is where the money comes in, like so many welcome house guests. Your back door is where the money leaves. Some of the money walks out in plain sight, with little to no…

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    How to Start Accepting Mobile Payments Before Your Competitors Do

    by on February 5, 2015

    These days, the handwritten check is all but extinct, and cash is getting there. Most of the world has moved on to more sophisticated payment methods, including mobile payments.
    Consumers are carrying less and less cash. In fact, 9 percent of Americans don’t …

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    4 Simple Strategies to Get Paid Faster

    by on February 4, 2015

    It’s frustrating when your clients drag their feet paying you. After all, you probably don’t have the big bank account that a larger business might, and it can occasionally be a struggle to keep cash flowing so you can pay your own vendors and your staff.
    Rath…

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    How to Manage Rapid Business Growth

    by on January 9, 2015

    Most small-business owners want to see their business grow, but if you’re unprepared for that growth, it could lead to financial disaster. We spoke to business mentoring expert Terri Levine to hear more about the key areas business owners should be aware …

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    Is Your Cash Flow Flowing? Here’s What to Do With the Surplus

    by on December 25, 2014

    Small-business owners have tightened their belts in the past few years, and now that sales are improving, many are finding themselves with a surplus of cash. In fact, according to the Wells Fargo/Gallup Small Business Index just released, 53 percent of small-b…

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    Expert Advice: How to Identify and Close Your Business’ Cash Flow Gap

    by on December 18, 2014

    While most business owners understand the importance of cash flow, not everyone knows how to identify a cash flow gap and the negative effects it could have on the business. We sat down with Kirk R. Rowland, CPA and owner of CommonSenseCFO, and talked about ho…

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